MUTUAL FUNDS
Union Mutual Fund files offers document for Diversified Equity All Cap Active FoF
Jul-21-2025

Union Mutual Fund has filed offer document with SEBI to launch an open ended fund of fund scheme named 'Union Diversified Equity All Cap Active FoF'. The New Fund Offer price will be Rs 10 each. Entry load will be nil and Exit load will be 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units; and Nil if redeemed or switched out after completion of 1 year from the date of allotment of units. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against BSE 500 Index. The minimum application amount is 1000 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to provide capital appreciation over long term by predominantly investing in Equity Funds which are based on varied market caps and in accordance with the asset allocation of the FOF

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